Dar Al Arkan Real Estate Development Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SAR 677.95 million compared to SAR 567.76 million a year ago. Net income was SAR 92.58 million compared to SAR 22.44 million a year ago. Basic earnings per share from continuing operations was SAR 0.09 compared to SAR 0.02 a year ago.
For the six months, sales was SAR 2,297.29 million compared to SAR 1,122.6 million a year ago. Net income was SAR 313.6 million compared to SAR 50.96 million a year ago. Basic earnings per share from continuing operations was SAR 0.29 compared to SAR 0.05 a year ago.